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CRE Insurance
Corporate round-up
AGCS moves into Peruvian reinsurance market, ACE launches new PI solutions for media risks, Marsh makes key UK appointments to help product innovation and Price Forbes & Partners creates financial…
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Association News
No cutbacks on health and safety urges AGERS and leading union
Spanish companies have been urged by a leading trade union to start seeing the prevention of workplace accidents as an investment rather than a cost. Unión General de Trabajadores (UGT)…
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CRE Insurance
World Health Organisation warns of the risks of e-cigarettes
Insurers are already concerned about the potential health risks of e-cigarettes and now a report from the World Health Organisation (WHO) has called for tougher regulation of the devices, including…
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Association News
Ferma plans to bring Airmic’s ‘popular’ compliance database to members next year
Airmic this week said that its new database of international insurance regulations, Insight Risk Manager, is proving popular, with the number of registered users exceeding expectations. Meanwhile, Ferma has revealed…
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Captives
Captive owners ‘surprisingly’ reluctant to write cyber cover: Aon
Aon Global Risk Consulting has found that only 1% of captive owners currently cover cyber risk in their captives.
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CRE Insurance
AM Best downgrades outlook for reinsurance sector to negative
AM Best has downgraded its ratings outlook on the global reinsurance sector to negative from stable citing 'ongoing market challenges'.
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CRE Insurance
Panama Canal expansion will increase risk for all warns AGCS
Allianz has warned that plans to double the cargo-carrying capacity of ships transiting the Panama Canal will increase risks for ship owners, the businesses they serve and insurers.
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CRE Insurance
Weighing up the risks of Arctic shipping
Arctic shipping routes offer potentially cheaper and faster transit between Europe and Asia, but they do come with additional and often unique risks, according to a report from Marsh.
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CRE Insurance
Corporate round-up
ACE appoints Kyle Bryant as regional cyber manager for Europe, Lockton adds JLT trio to its international management liability team, Towers Watson names Eric Speer as global head of risk…
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Europe
Global Risk Frontiers Survey 2014–North America
Below we bring you highlights from the North American leg of our Global Risk Frontiers Survey, sponsored by ACE, AIG, Zurich and the QFC Authority. The risk management survey firstly…
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Europe
Risk managers cannot succeed on theory alone–North America
North American risk managers who took part in this year’s Global Risk Frontiers Survey agree wholeheartedly with their peers in Europe and worldwide that the qualities and skills needed to…
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Europe
Risk managers need to sit where most needed–North America
The nebulous nature of risk management means that there is no simple answer to the question of where a risk manager should sit within an organisation, according to North American…
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Europe
No silver bullet solution to risk education conundrum–North America
There is a thirst for a consistent, transportable and widely-recognised risk management education path and certification scheme among the global risk management community. The big question is how is this…
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Europe
Board understanding remains a ‘mixed bag’–North America
The financial and economic crisis of 2008 brought risk management to the very top of the international corporate agenda. But opinion is mixed among North American risk managers about whether…
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Europe
No simple formula for risk transfer decisions despite rise of analytics–North America
There is no simple formula available to risk and insurance managers to decide which risks should be retained and which transferred to the insurance market. Such a decision is dependent…
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Europe
Opinion divided on global programmes–North America
The effectiveness or otherwise of the global programmes offered to multinational companies by the leading international insurers remains a hot topic of discussion in international risk management circles. Based upon…
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Europe
Global Risk Frontiers Survey 2014–Asia
Below we bring you highlights from the Asian leg of our Global Risk Frontiers Survey, sponsored by ACE, AIG, Zurich and the QFC Authority, that takes an in-depth look at…
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Europe
Risk managers must consider message as well as reporting lines–Asia
Although there is some debate as to whether the modern risk manager should report directly to the board, executive or elsewhere, Asian participants of our Global Risk Frontiers Survey tend…
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Europe
Plentiful capacity in soft Asian market but work needed to turn around commoditised price race–Asia
Asian risk managers are happy that a soft insurance market persists and they are able to access sufficient capacity for traditional risks, either from local markets or on the global…
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Europe
ISO 31000 gets nod of approval but requires customisation–Asia
Asian risk managers have given ISO 31000 a thumbs up but stress the importance of adapting it to the local business environment and individual organisation needs.
